[C7.] Russia Raises Its Oil Output Russia, the world's second-largest oil exporter, is increasing its production and export of oil, just as the Organization of the Petroleum Exporting Countries is seeking to cut back output.
It is also involved in the extract and disposal of energy resources, the import and export of crude oil, and the exploration and manufacture of other oil products.
Union leaders said the strike would seek to close off exports of oil from Nigeria, the world's No.7 oil exporter and the source of one-fifth of United States oil imports.
In 2006 exports of crude oil totaled, or about 62.5 percent of the country's crude oil production.
This is chiefly thanks to "swaps", exports of oil that are balanced by imports of it.
Keppel is Southeast Asia's major transshipment point for exports of oil, rubber, plywood, lumber, and spices.
Proceeds from the export of oil, gas and metals fill state coffers.
Rosneft is seeking to treble its exports of oil to China.
Colombia's economy was boosted by high prices for exports of oil, coal and nickel.
By pushing up a country's exchange rate, the export of oil distorts the economy.
